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Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IG23179394
Sold Date 11/01/23
Bedrooms 8
HOA Y/N No
Lot Size 0.290 Acres
Property Description
is pleased to exclusively present the opportunity to acquire a fully occupied fourplex. All four units have 2 bedrooms and 2 bathrooms with long-term tenants. All units are individually metered for gas, electric and have their own garage in the rear of the property. There is plenty of street parking with paved and concert-covered entire lot. - Fastest growing area of the Desert Hot Springs - Surrounded by Single-family homes and upscale spa resorts. - Newly updated roof and landscape - Next rental increase in November 2023 - Reliable long-term tenants with stable rent growth - Turn key - fully occupied income property - Updated room a few months ago - no pending differed maintenance. - Coin laundry to increase income. - Four units qualifies for owner occupant deal with lower down payment and better acquisition options.
is pleased to exclusively present the opportunity to acquire a fully occupied fourplex. All four units have 2 bedrooms and 2 bathrooms with long-term tenants. All units are individually metered for gas, electric and have their own garage in the rear of the property. There is plenty of street parking with paved and concert-covered entire lot. - Fastest growing area of the Desert Hot Springs - Surrounded by Single-family homes and upscale spa resorts. - Newly updated roof and landscape - Next rental increase in November 2023 - Reliable long-term tenants with stable rent growth - Turn key - fully occupied income property - Updated room a few months ago - no pending differed maintenance. - Coin laundry to increase income. - Four units qualifies for owner occupant deal with lower down payment and better acquisition options.
Location
State CA
County Riverside
Area Riv Cty-Desert Hot Spri (92240)
Zoning Appraiser
Exterior
Parking Features Unit1:Assigned
Fence Partial
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $227
Acceptable Financing Cal Vet, Cash, Conventional
Space Rent $1,300
Listing Terms Cal Vet, Cash, Conventional
Financing Cash
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Bought with Ken Shah • Trident Real Estate